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Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor's Successful Bitcoin Playbook
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
Elon Musk (Twitter)

This law is not just about TikTok, it is about censorship and government control!

If it were just about TikTok, it would only cite “foreign control” as the issue, but it does not. https://twitter.com/RepThomasMassie/status/1767525209064558954#m
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Elon Musk (Twitter)

RT @cb_doge: Just a reminder:

You can upload 4hr long videos on this platform.
Bitcoin Layer 2 Conference 2024 Unveils First Look at All-Star Speakers
Cryptopolitan (RSS)

Singapore, Singapore, March 13th, 2024, Chainwire

The Bitcoin Layer 2 Conference Hong Kong 2024 – East & West, the world’s first event dedicated exclusively to the Bitcoin Layer 2 ecosystem, is scheduled for April 8, 2024, in Hong Kong. With the Blockchain security team ScaleBit as one of its hosts, it promises to be a melting pot of innovation, collaboration, and knowledge sharing. As the first event of its kind, it aims to draw over 500 of the blockchain industry’s elite and feature contributions from more than 100 leading companies globally, fostering a unique environment for global collaboration.

Confirmed all-star speakers include:

— Vineet Budki – CEO & Managing Partner at Cypher Capital

— Rena Shah – VP of Product & Operations at Trust Machines

— Kevin Williams – Investment Partner of Bitcoin Frontier Fund 

— Jullian Duran – Product Lead at Marathon Digital...

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U.S. Initiates UN Resolution on AI, Prioritizing Global Access and Security
Cryptopolitan (RSS)

In a landmark move, the United States has emerged as the driving force behind the inaugural UN resolution on AI (artificial intelligence), marking a significant stride towards global cooperation in managing the challenges and opportunities presented by this rapidly advancing technology. With a primary focus on fostering safety, security, and equitable access to AI innovations, this resolution aims to galvanize international efforts in harnessing AI for the collective betterment of humanity.

UN resolution on AI – The push for global consensus

The draft resolution, spearheaded by the United States, emphasizes the imperative of ensuring that AI technologies are developed and deployed in a manner that prioritizes safety, security, and trustworthiness. Recognizing the transformative potential of AI across various sectors, including healthcare, disaster management, and workforce development, the...

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Revolutionizing Cancer Research – $5 Million Grant Sparks Innovations in Computational Biology and AI
Cryptopolitan (RSS)

In a landmark development, Gladstone Institutes, under the leadership of Senior Investigator Katie Pollard, PhD, has secured a significant $5 million grant aimed at propelling cancer research into new frontiers by harnessing the power of computational biology and AI (Artificial intelligence). The grant, a part of the newly launched Transformative Computational Biology Grant Program initiated by the Biswas Family Foundation in collaboration with the Milken Institute, heralds a transformative approach towards understanding and combating cancer.

The birth of a catalyst for cancer research advancement

Under the auspices of the Biswas Family Foundation’s Transformative Computational Biology and AI Grant Program, Gladstone Institutes will establish the Biswas Center for Transformative Computational Cancer Biology. Led by Dr. Katie Pollard, the center will serve as a cru...

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Nibiru Chain’s NIBI token skyrockets to $1.4 billion market cap after mainnet launch
Cryptopolitan (RSS)

Nibiru Chain, a new entrant in the Layer 1 blockchain space, launched on March 12 and saw its native token, NIBI, surge by 85% within just five hours of its launch, reaching a peak of $0.96 per token. At press time, the token’s value stands at $0.83, based on the latest data from CoinGecko. The blockchain currently has over 80 million tokens in circulation, bringing its fully diluted market valuation to more than $1.4 billion.

Overview of Nibiru Chain

Nibiru Chain introduces itself as a pioneering Layer 1 blockchain and smart contract platform designed to facilitate the development of high-performance decentralized applications (dApps). The project’s aim is to lead in creating an accessible smart contract ecosystem, thus contributing to the broader adoption of Web3 technologies by s...

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Google’s Ban on Election Queries in Gemini AI Sparks Debate
Cryptopolitan (RSS)

In a move to combat political misinformation and abuse, Google has expanded its restrictions on Gemini AI, preventing the chatbot from responding to queries about the upcoming U.S. elections. This global ban, first experimented with during India’s elections, highlights tech giants’ increasing efforts to safeguard the integrity of democratic processes amidst growing concerns over digital manipulation.

Gemini AI’s election ban

Google’s Gemini AI, a generative chatbot, has been programmed to decline queries related to the U.S. elections, as announced by the tech giant on Tuesday. This decision, initially trialed during India’s elections, has now been extended globally, aiming to mitigate the spread of misinformation and abuse surrounding political events. The company, emphasizing its commitment to user safety and the democratic process, justified the move by stating it as a precautionary measure in light of ...

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How an Appeals Court Ruled on an Aspiring Class-Action Lawsuit Against Binance
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

A federal appeals court ruled last week that Binance needs to face a putative class-action lawsuit from a group of U.S.-based crypto investors who allege the exchange allowed them to buy and trade unregistered securities in the form of certain cryptocurrencies. The ruling doesn't make a determination on whether the tokens are indeed securities or not, but it's significant in broader securities cases nonetheless.
Nigeria and Binance are still very much in a fight over naira
Cryptopolitan (RSS)

The heat is on and the spotlight is firmly on Binance as Nigeria pulls up its sleeves, digging deep into the operations of the world’s largest cryptocurrency exchange. This isn’t just a spat in the park; it’s a full-blown brawl over the future of the naira, Nigeria’s currency, and by extension, its economy. As tensions escalate, two senior Binance execs find themselves caught in the middle, their freedom hanging in the balance for over three weeks now. Nigeria isn’t playing games; it demands a deep dive into Binance’s books, seeking data on the top 100 Nigerian users and a comprehensive transaction history of the past six months. Why, you ask? Because Nigeria suspects Binance might be the big bad wolf in its economic saga, potentially destabilizing the naira during a period of severe currency devaluation....

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Nearly $400 million in Bitcoin liquidated as price fluctuations continue
Cryptopolitan (RSS)

Just when you thought the cryptocurrency market was ready to take a breather, Bitcoin decides to throw a wild party, hitting a new peak of $73,050. But as quick as a hiccup, it dipped below $70,000 again on March 12. This roller coaster did more than just scare the bejesus out of investors; it led to a staggering $361 million worth of leveraged trades going poof into thin air within a mere 24 hours.

This wasn’t just any ordinary day in the cryptocurrency market—it was a day where long position holders, who were betting on the price to skyrocket, faced a whopping $258 million wipeout. Meanwhile, the short sellers, those naysayers betting against the rise, weren’t left to sip champagne either, losing over $103 million.

A Whirlwind of Liquidations

This event marked the most significant flush-out of long...

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The one common flaw between centralization and decentralization
Cryptopolitan (RSS)

In the world of decentralization, Bitcoin has made a grand comeback, with its value skyrocketing to a whopping $73,000. Not just the OG cryptocurrency, but others like Ethereum and the meme-favorite Dogecoin are enjoying their share of the limelight, propelling the market’s worth over the $2.7 trillion mark for the first time in years. But guess what? You might have missed the memo, considering the buzz isn’t as loud as before. No more chatter about which digital coin will hit the jackpot next or queries about when you’ll be able to buy that Lamborghini. The world’s obsession seems to have dialed down a notch, at least for now.

The Unexpected Rise

Crypto’s resurgence in 2024 paints a rather muted picture compared to the frenzied rallies of the past. Gone are the days of ICO madness or the NFT craze. This time, the surge seems to be riding...

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Stock indices surge to new heights in market overhaul
Cryptopolitan (RSS)

The financial world is riding a wild wave of optimism, pushing stock markets into uncharted territory. Analysts, those fortune-tellers of finance, are betting big on the idea that we’re witnessing not just a blip but a monumental shift. It’s a scene where the S&P 500, Nasdaq Composite, Japan’s Nikkei 225, Germany’s DAX, and France’s CAC 40 aren’t just numbers on a screen but beacons of a global economic high tide, reaching their zenith and pulling the eager eyes of investors upward.

A Fresh Start for Risk

At the heart of this financial fiesta is a cocktail of growing global economic cheer and corporate profits that aren’t just good; they’re record-breaking. Wall Street’s elites, from Goldman Sachs to UBS and Bank of America, aren’t just optimistic; they’re revising their forecasts upwards, with Bank of America throwing a figure like 5,400 for t...

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Federal Reserve grapples with endurance test as inflation rises to 3.2%
Cryptopolitan (RSS)

The recent uptick in U.S. inflation to 3.2% wasn’t on anyone’s bingo card, proving yet again that the universe has a weird sense of humor, especially when it comes to economics. The Federal Reserve, our monetary watchdog, is now neck-deep in the muck, trying to navigate what’s been dubbed the “last mile” in its marathon against rising prices. Instead of sticking to the anticipated script, inflation decided to throw in a plot twist, much to the chagrin of economists who’d pegged their hopes on a steady 3.1% rate. Suddenly, the journey toward interest rate cuts feels a bit like trying to run through quicksand — with lead shoes.

The Price Hike Phenomenon

Inflation’s latest leap was primarily fueled by the services sector — think motor insurance and health — poking holes in the Fed’s dre...

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Tether collabs with U.S. authorities to recover stolen money
Cryptopolitan (RSS)

Tether’s recent collaboration with U.S. authorities to recover a whopping $1.4 million from the clutches of cyber criminals isn’t just a headline; it’s a bold statement in the ongoing war against digital theft. This isn’t your average recovery story. It’s a tale of technology meeting law enforcement, a confluence of efforts that underscores the commitment to chase down the bad guys, even in the nebulous world of cryptocurrency.

The heart of this operation beats in Chicago, Illinois, where the United States Attorney’s Office, along with the Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI), rolled up their sleeves to dive into the digital underbelly. They weren’t going in blind; Tether was right ...

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